PVH stock price punched in the face after earnings: sell the rip?

PVH (NYSE: PVH) stock price tumbled hard on Tuesday after the company issued a major warning on its European business. It crashed by over 23% in the pre-market session, erasing all gains it made in the first quarter. It has retreated to its lowest level since December 8 last year.Weak guidance Copy link to section PVH is one of the biggest luxury goods companies in the United States. It owns some of the best-known brands in the industry like Calvin Klein and Tommy Hilfiger. It has a market cap of over $8 bi ...